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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunities going toward the fourth quarter. i am looking at certain areas i want to remine offensive and remain opportunistic and i am looking at certain names i know you like as well and i still think apple is under valued and goes higher. that's one of the names i would point out. if our on the defensive side i am looking at the big pharma names where you are looking at the valuation and the yield as well as the big money center banks and i would also stick with something like a kkr, black stone, and a lot of students depending how aggressive or offensive or defensive you want to be.
we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think...
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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earlier some attributed part of the rally to what chicago fed bank president charlie evans told our steve liesman this morning on cnbc. listen. >> in my opinion, we'd continue with the asset purchases until we see payroll employment more like 200,000, 250,000. >> you're saying continue at 85 billion into all of 2013? that would be your recommendation? >> this is my recommendation. >> so is the fed's bond buying spree fueling the markets and should we be worried it won't last? that's what we're talking about right now. eric is with us of gerring wealth management. he says yes. gary clark says be defensive knew, expect a rally after the election. thanks for joining us. harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there waiting to
earlier some attributed part of the rally to what chicago fed bank president charlie evans told our steve liesman this morning on cnbc. listen. >> in my opinion, we'd continue with the asset purchases until we see payroll employment more like 200,000, 250,000. >> you're saying continue at 85 billion into all of 2013? that would be your recommendation? >> this is my recommendation. >> so is the fed's bond buying spree fueling the markets and should we be worried it won't...
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one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the
one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot about our dual mandate responsibilities and i mentioned that with the unemployment rate at that time at 9% that was unacceptably high and we need to focus more on our dual mandate responsibilities. i feel good that our most recent statement and policy is focusing on strongly on the labor market, we're looking for substantial improvement in labor market conditions, the criteria for how long we're going to continue with very accommodative policies and that's a step in the right direction. >> a step in the right direction but is it enough? you want the fed to do this for a particular reason, which
steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot...
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steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
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>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to yo
>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to...
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but steve is right, we know the demographic trends. can influence the decision about how much longer to stay in the labor force or when to enter it. we know some are leaving permanently because of the economy, some young people are continuing in school because of the economy. those things could turn around. >> we've got to go. but, steve, i was 45, i'm only 55, 20 years later. i froze. jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] get more access with the citi card. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps
but steve is right, we know the demographic trends. can influence the decision about how much longer to stay in the labor force or when to enter it. we know some are leaving permanently because of the economy, some young people are continuing in school because of the economy. those things could turn around. >> we've got to go. but, steve, i was 45, i'm only 55, 20 years later. i froze. jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not...
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i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the winter blend will allow the refiners reduce 10% of gasoline. that's like adding another refinery to the market. >> how much is this the structure of refining in that state. why is this happening? >> well, the evidence points towards refining problems. a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get addi
i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the...
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and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8 operating system, not good for phones. intel seems to have lost its way with that 4% yield being the only reason to be in it. the desktop -- i feel very triceratops here with this. >> how about the story in "the times" over the weekend about meg whitman? >> they still make a lot of them. but the question is, is it really a business you want to be in? >> do you remember scm? >> yes. >> smith corona mar chant. they were making electric typewriters like they were going out of style. >> that "times" story, not a lot that we didn't already know in terms of what hp is trying to a
and steve grasrg and citigroup was downgraded at sterne agee. a little stall because of concerns about windows 8 and whether or not it's going to be robust. q3 could be a make-or-break quarter for them. "the journal" points out, there's no place to try out the new tablet. are you going to buy a tablet just on blind faith without trying it out? >> tiff beta. it's quite exciting. but excitement doesn't necessarily equal sales. there was a downgrade of nokia saying the windows 8...
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zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >> i had a bunch of guys going to the eagles/giants game. you would have thought either of the games would have been talked about. the ryder cup is all i heard about. people felt bad for america. it was a patriotic thing. >> for one eagle moment, i just thought, i don't know, ma lays, i thought, we can't do this right. >> if they come in with cardigan sweaters the next time we see the golfers with the cardigan and have to start talking about turning down the thermostat, it is pool game over. >> all right. jim, thank you. we'll see you in a few minutes. >>> all right. we'll see jim in a f
zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >>...
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>> how did she answer that, steve? >> i mean, you know, she was very -- she would say you would have to admire him for his guts and courage, you know? she took a really light-hearted view of it. i mean, like they say, you know, their daughter is not there yet. my daughter is 15, you know. she had her first boy guest over with a group of girls, you know, group of girls and guys came over to the house this past labor day, so, i mean, it's something we all got to face eventually. i hated the boy. >> well, you are going to hate the boy. i mean, obviously. tell us a little bit about -- >> automatically. >> yes, automatically. tell us what she talked about in terms of the things that she would like people to know. clearly, it was challenging back four years ago. there were a lot of questions about, you know, the priests, reverend wright and all this. now people know the family. they're in the white house. what did she really want to convey in your interview? >> i mean, you know, i thought she was trying to get -- and i thoug
>> how did she answer that, steve? >> i mean, you know, she was very -- she would say you would have to admire him for his guts and courage, you know? she took a really light-hearted view of it. i mean, like they say, you know, their daughter is not there yet. my daughter is 15, you know. she had her first boy guest over with a group of girls, you know, group of girls and guys came over to the house this past labor day, so, i mean, it's something we all got to face eventually. i...
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steve grogan who was also convicted in the murder of the stuntman shorty shay, was released on parole in the mid-1980s. the prosecutor who sent the manson family to prison says davis should stay behind bars. manson himself was denied parole for the 12th time. he will not be eligible for parole for 15 years. by then, he will be 92 years old. arnold schwarzenegger said it was because of the heinous crimes. this was something that gripped the country and still is a part of kind of our psyche today. the parole board, though, saying he has taken part in every single -- every single kind of betterment and wellness and self-education program they've had. never had a disciplinary problem since 1980. they're recommending i ing it's for him to be released. >> thank you. >>> u.s. special operations forces are now in libya helping gather intel on militants allegedly involved in the attack on the american consulate in benghazi that killed four americans. military officials tell cnn that includes intercepting communications, analyzg drone images and one-on-one interviews with people who may have in
steve grogan who was also convicted in the murder of the stuntman shorty shay, was released on parole in the mid-1980s. the prosecutor who sent the manson family to prison says davis should stay behind bars. manson himself was denied parole for the 12th time. he will not be eligible for parole for 15 years. by then, he will be 92 years old. arnold schwarzenegger said it was because of the heinous crimes. this was something that gripped the country and still is a part of kind of our psyche...
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this from steve. seems that it's not so much that i'm voting for someone. i'm always voting against someone. facebook.com/carolcnn. please continue the conversation. >>> you can't drive 55, well, no one else can either. instead of providing more money and man power to enforce the law, many politicians across the country are upping the speed limit big time. according to the governor's highway safety association seven states, kansas, kentucky, maine, ohio, pennsylvania, texas and virginia have increased speed limits to as high as 85 miles per hour on certain roads. maybe you're saying it is about time. consider this. there is no doubt excessive speed kills. if you have a need for speed, highway 130 near austin, texas, is where you have to be. later this fall posted legal speed limit 85. >> it is the highest posted speed limit on the whole western hemisphere, right? it is really pretty neat. >> an anomoly? not by a long shot. according to the insurance institute for highway safety, 35 states have raised speed limits to 70 miles per hour or higher, and no one i
this from steve. seems that it's not so much that i'm voting for someone. i'm always voting against someone. facebook.com/carolcnn. please continue the conversation. >>> you can't drive 55, well, no one else can either. instead of providing more money and man power to enforce the law, many politicians across the country are upping the speed limit big time. according to the governor's highway safety association seven states, kansas, kentucky, maine, ohio, pennsylvania, texas and...
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but it was martin kaymer's putt on the 18th green yesterday against steve stricker which brought the cup back to europe. it was a shocking performance on the part of the americans. europe went out and won the first five matches yesterday, and that really instilled a belief in the rest of the team. in the end, europe won 8 1/2 points out of a possible 12. for an improbable victory. there was a little bit of drama yesterday, as well, because rory mcilroy, as you know, is the world number one. but he had mistakenly looked at the time sheet, and saw that it was a tee off time for 12:25 p.m. so in actual fact that was eastern time instead of central time. so he was due at the course way before 11:25. but he didn't arrive until seven minutes before his tee time. eventually getting here courtesy of hitching a ride with a state trooper. but he managed to make it to the key, casually walked out onto the course and brought home a valuable point to the european team. but had he not made it here on time this would have been a totally different story. however there was a nice moment when the capi
but it was martin kaymer's putt on the 18th green yesterday against steve stricker which brought the cup back to europe. it was a shocking performance on the part of the americans. europe went out and won the first five matches yesterday, and that really instilled a belief in the rest of the team. in the end, europe won 8 1/2 points out of a possible 12. for an improbable victory. there was a little bit of drama yesterday, as well, because rory mcilroy, as you know, is the world number one. but...
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we have a great leader, steve israel, chairman of our committee very analytical and very strong and scientific as to how we go forward. it's mostly about the vision for our country. >> you believe, correct me if i'm wrong, that paul ryan being added to the republican ticket has helped you in trying to gain seats, is that right? >> mark your calendar, august 11th, the day he was chosen gave a clarification to the issue of medicare. this is a person who has been the destroyer of medicare guarantee. >> he wants to save it he says. >> wither on the vine. he wants it to wither on the vine. which is the language the republicans used when they're not on tv. but here's the thing, the six times do-nothing republican congress which refused to pass a jobs bill or i've said some of the other bills earlier has taken the time for six times to sever the medicare guarantee. by naming romney the spotlight move to that for 16 months we had been saying -- previous to that, we've been saying to members the most important issues in alphabetical order is medicare, medicare, medicare. it's about our seniors and thei
we have a great leader, steve israel, chairman of our committee very analytical and very strong and scientific as to how we go forward. it's mostly about the vision for our country. >> you believe, correct me if i'm wrong, that paul ryan being added to the republican ticket has helped you in trying to gain seats, is that right? >> mark your calendar, august 11th, the day he was chosen gave a clarification to the issue of medicare. this is a person who has been the destroyer of...
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and both he and steve king say yes. >> and they call you deceitful. >> and we had this exchange about the keystone pipeline, and gretchen on fox and friends said it doesn't hurt anybody. and he said it doesn't. it doesn't. >> wow. how dare you make that lying deceitful film about these honest people. >> stephanie: you are really a great actress. i assume your actually political beliefs are -- >> i'm so far to the left i make [ inaudible ] uncomfortable. [ laughter ] >> how did you get into that mindset of being so far on the right? >> she is an actress. [ laughter ] >> i would just get it out of my system sometimes so i didn't leave with a headache. every once in a while, i would move off and go whoo! like that, just to get it out of my system like i'm agreeing with them, when really i'm raging. [ laughter ] >> stephanie: the other part of her story line is her husband turns out to be gay? >> just like marcus bachmann. >> stephanie: you were like michelle, i'm holding your hand on that. >> they don't let you anywhere near him at all. i was looking for them. he was out buying sunglasse
and both he and steve king say yes. >> and they call you deceitful. >> and we had this exchange about the keystone pipeline, and gretchen on fox and friends said it doesn't hurt anybody. and he said it doesn't. it doesn't. >> wow. how dare you make that lying deceitful film about these honest people. >> stephanie: you are really a great actress. i assume your actually political beliefs are -- >> i'm so far to the left i make [ inaudible ] uncomfortable. [ laughter...
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steve said when mitt romney said he loved big bird didn't it remind you of oj saying he loved nicole? oh, ow. why don't mitt romney's sons' work? do all rich republican kids -- is their job to mooch off of their parents? [♪ theme music ♪] >> bill: good morning, everybody. it is -- top of the hour here. this is the "full court press" on monday -- monday october 8th. coming to you live on current tv and bringing you the news of the day. and of course taking your calls at 866-55-press. good to have you was today. hope you have a great weekend, ready to tackle the big stories of the day. and yeah we talk a lot of politics coming out of washington, d.c. but politics is buzzing all about sports you'll have to pardon us because yesterday the nats beat the cardinals. it is the first post season game won by a washington, d.c. team since 1973. now let's say good morning to lisa ferguson. good morning. >> hey, bill i thought you were going to say it was saturday. and i started to wonder what i was doing here. the democrats are doing quite well on the campaign trail this week. mr. obama arriv
steve said when mitt romney said he loved big bird didn't it remind you of oj saying he loved nicole? oh, ow. why don't mitt romney's sons' work? do all rich republican kids -- is their job to mooch off of their parents? [♪ theme music ♪] >> bill: good morning, everybody. it is -- top of the hour here. this is the "full court press" on monday -- monday october 8th. coming to you live on current tv and bringing you the news of the day. and of course taking your calls at...
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steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not getting hurt, but then get out of the way and let businesses compete, not continue to change the rules of the game once you're into the game, not continue to issue regulation after regulation. that is the regulation. second is taxation. america's taxed as the highest rate in the world. there's loopholes, and peek talk about it. the extraordinary rates drive investments overseas and diminish job creation here in the u.s.. we have over $2 trillion in cash sitting on balance sheets of u.s. corporations. taxation is an important area the government needs to lower and level the playi
steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not...
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dagen: would steve jobs have apologized for what he had not have messed them up in the first place? connell: men are from mars and women from venus and dagen from pluto. male economists put more emphasis on the rules of business. that is based on a study from the university of nebraska. the global diaper supply could be at risk following an explosion saturday at a japanese plant. it makes an ingredient in disposable diapers. kimberly-clark is up to date with the rest of the market. dagen: i don't think me commenting on anything related to diapers is a good idea. connell: exactly. dagen: move on to the next keys. the fact that on the first monday in october. one of the cases you need to hear about, protecting their information on your phone from the government. the judge is here. connell: all right. president obama for mitt romney. some new data out. most people have made up their minds. 15% could be convinced to choose somebody else. that seems kind of hype. first, here are some currencies. look how they are shaping up against the dollar today. ♪ follow the wings. ♪ >> @23 minut
dagen: would steve jobs have apologized for what he had not have messed them up in the first place? connell: men are from mars and women from venus and dagen from pluto. male economists put more emphasis on the rules of business. that is based on a study from the university of nebraska. the global diaper supply could be at risk following an explosion saturday at a japanese plant. it makes an ingredient in disposable diapers. kimberly-clark is up to date with the rest of the market. dagen: i...
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>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for wednesday starts now. >> steve: yeah, that was not probably the song that would stick in my head. >> brian: you played along well. we don't know what's stick as soon as there. >> steve: with martha it's probably by one of the carpenters. >> martha: the one where we're never going to ever, ever get back together. >> brian: i hope this is a breakout hit because she's been struggling, taylor swift. can she -- everything she does becomes number one. america is drunk with taylor swift. >> steve: isn't she dating that 18-year-old kennedy kid now? >> brian: right. >> martha: s
>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for...
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a blind squirrel gets a nut every now and then. >> steve: so that's the best they can do? >> it's not very good. you know, when he came out, when the president came out and he came out with that classic strut that he uses sometimes and my wife busted. she said, i don't like when you do it and i don't like when he does it. that kind of dashing walk. >> brian: why? >> because it's like i'm macho and i'm posturing, absolutely fake. i thought the telling moment happened almost immediately because it was his 20th anniversary with michelle. he has b
>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a...
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordin
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment?...
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. >> steve: thank you very much. other big news this morning, even more details emerging on the terrorist attack on our consulate in benghazi, libya. the state department confirming there were over a dozen threats in the months before. katherine hedge live in washington with the details. >> good morning. a letter from the house government oversight committee is asking the state department to provide at least two witnesses for the hearing on security lapses next week, including state department regional security officer eric nordstrom who was stationed in libya from september last year until june 2012. the committee led by republican darrell issa with ranking member cummings was briefed by nordstrom who confirmed 13 threats against the u.s. consulate in the six months before the terrorist attack and that the mission made repeated requests for extra security. this notice will be published by the state department about his internal investigation into the attack known as accountability review board or arb. it reads in pa
. >> steve: thank you very much. other big news this morning, even more details emerging on the terrorist attack on our consulate in benghazi, libya. the state department confirming there were over a dozen threats in the months before. katherine hedge live in washington with the details. >> good morning. a letter from the house government oversight committee is asking the state department to provide at least two witnesses for the hearing on security lapses next week, including state...
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steve, what exactly is being asked by the senator? >>reporter: the senator on the foreign affairs committee wants do know why the f.b.i. has not been able to enter benghazi to investigate the murders. he calls the situation "bizarre" and demanding answers. the letter seas, 18 days ago the administration said it was appropriate for our consulate to be lightly guarded. what has changed in such a short time that the f.b.i. and lead investigative personnel cannot safely enter the city? >> there are calls for the resignation of u.n. ambassador susan rice who said a few day after the attack it appears to be a spontaneous uprising again the antimuslim video. >> we have reports now that intelligence people knew in 24 hours this was a terrorist attack. yet they sent her out to say things that were absolutely false and continued to do so. >>reporter: john mccain says the violent conflict with -- the violence in libya conflicts with obama administration's story that al qaeda is on the way out. >>heather: good questions, steve. how is the adminis
steve, what exactly is being asked by the senator? >>reporter: the senator on the foreign affairs committee wants do know why the f.b.i. has not been able to enter benghazi to investigate the murders. he calls the situation "bizarre" and demanding answers. the letter seas, 18 days ago the administration said it was appropriate for our consulate to be lightly guarded. what has changed in such a short time that the f.b.i. and lead investigative personnel cannot safely enter the...
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steve sweeney joins us from philadelphia. good evening. >> good evening, judge. >> judge jeanine: now, you are talking about a law in new jersey that will prevent these kinds of referees from ever stepping foot in your state. what is that about? >> well, basically it is to ensure that we have someone that has a proper training to participate in the games so that players don't get hurt, number one. because there was a lot more violence with these fake refs. and that the people in new jersey and honestly in this country get the product that they are paying for. the nfl is a very expensive sport if you want to go to the games. you know, if you take your child to the games, very expensive. and they are not discounting your tickets when they put a sub standard product out there. actually, you know, it was raised enough that president obama and the nominee on the republican side paul ryan they all spoke out about this also. >> judge jeanine: well -- >> so, you know, new jersey. >> judge jeanine: is there survivors you port for this
steve sweeney joins us from philadelphia. good evening. >> good evening, judge. >> judge jeanine: now, you are talking about a law in new jersey that will prevent these kinds of referees from ever stepping foot in your state. what is that about? >> well, basically it is to ensure that we have someone that has a proper training to participate in the games so that players don't get hurt, number one. because there was a lot more violence with these fake refs. and that the people...
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steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >> we had been riding -- writing issues with radical islam and a f.b.i. act said do you understand you have a terrorist compound of islamic muslim training about 30 miles from your office, so you better be careful with what you're doing. that's how we became interested. >> steve: i understand a guy who was recruited out of prison to -- and wound up living with the people at the terror training camps who was working with the nypd, came up to you and he goes, look, i got to tell you the story because if people knew what was going on here, they'd be horrified. >>
steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >>...
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if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted equality of women or any other things. this is a fool's errand and the editorials in the newspapers miss this because they don't have a religious perspective. >> judy, the death, the assassination of our ambassador, of two former seals, of the state department employee, bumps in the road. where was the criticism over that comment? >> i think what the president was talking about was the broader context of the wave of change, and that in the wave of change, there are going to be bumps on the road. he -- i do not think that he meant to suggest an and most people did not interpret it to mean the death of four amer
if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted...
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steve is like in miami with this story. steve, is this really a legitimate election? >>reporter: it is very tough to tell based on polls inside venezuela. they do have a sophisticated voting system and the number of outside analysts say it will be a fair election. the question is, if one person does hold all the power as chavez does, he controls the media and the courts, he controls billions in oil money, can they have a fair democratic election? it is clear this will be a test for chavez, perhaps the first different in his 14 years of rule inside venezuela. he has had a number of things that have brought him down in the polls: high inflation, the highest murder rates, electric power outages. he is still enjoying strong support from the poor and he subsidizes housings and that gives him support. he has battled cancer the past year, but now he says he is cancer free. this time around he has a young, energetic opponent and he is 40 years old, a firm governor who has crisscrossed the country giving chavez the first fight in 14 years. in southern florida we have seen thou
steve is like in miami with this story. steve, is this really a legitimate election? >>reporter: it is very tough to tell based on polls inside venezuela. they do have a sophisticated voting system and the number of outside analysts say it will be a fair election. the question is, if one person does hold all the power as chavez does, he controls the media and the courts, he controls billions in oil money, can they have a fair democratic election? it is clear this will be a test for...
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." >> steve: what time is that? >> eric: five. >> how many people are on it? >> eric: five. >> gretchen: have a great day. see you tomorrow bill: start of a whole new week. there is fallout over the attack in libya. there are increasing calls for a hearing and our u.n. ambassador susan rice to resign. the obama team dill giving conflicting accounts of the white house response. martha: i'm martha maccallum. the romney campaign is joining this growing chorus of lawmakers. senator john mccain saying the administration's response was inept and ignorant and susan rice blaming it on a spontaneous protest was inexcusable. >> it's either willful ignorance or abysmal ignorance to think people come to spontaneous demonstrations with mortars and heavy weapons pant attack goes on for hours. bill: both sides are complaining. governor romney's team says the white house is still getting its story mixed up. >> reporter: democrats say republicans are politicizing the tragic attack that cost of life of four americans. the republicans say the white house is cover ugging up the d
." >> steve: what time is that? >> eric: five. >> how many people are on it? >> eric: five. >> gretchen: have a great day. see you tomorrow bill: start of a whole new week. there is fallout over the attack in libya. there are increasing calls for a hearing and our u.n. ambassador susan rice to resign. the obama team dill giving conflicting accounts of the white house response. martha: i'm martha maccallum. the romney campaign is joining this growing chorus of...
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thanks, steve, so you soon. coming up next, their quacked, and some of the biggest stars in america, the stars of duck dinety, they're duck calling and combining it with car racing and we'll check with them live at the talladega speedway. nascar meets the ducks. ♪ all day battery life ? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. >> time for quick headlines and venezuela holding presidential elections today and president hugo chavez could be in danger of losing his seat. the polls show the race is close despite the reports that many people are pressured or bribed into voting for chavez. mila ku mila kuniz, sexiest alive, and she's now dating ashton kutcher. >> and you have to present her with the crown, as a former-- >> well, actually, you know
thanks, steve, so you soon. coming up next, their quacked, and some of the biggest stars in america, the stars of duck dinety, they're duck calling and combining it with car racing and we'll check with them live at the talladega speedway. nascar meets the ducks. ♪ all day battery life ? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g...